POPCAT / USDTLong
POPCAT/USDT: Accumulation Zone + Fibonacci Targets Setup
Current: $0.5733 (-3.87%)
Technical Analysis: 📈
- Current downtrend channel ending
- Fibonacci levels plotted:
* 0.236 at $1.75
* 0.382 at $1.50
* 0.5 at $1.32
- Projection shows potential reversal
Trade Setup:
- Entry zone: $0.55-0.60
- Primary target: $1.32 (0.5 Fib)
- Secondary target: $1.50 (0.382 Fib)
- Stop loss: Below $0.48
- R:R = 1:3
Key Points:
- Channel breakdown complete
- Accumulation signals appearing
- Volume pickup needed for confirmation
DYOR - Not financial advice. High-risk altcoin - trade with caution and proper position sizing.
Technical Analysis: 📈
- Current downtrend channel ending
- Fibonacci levels plotted:
* 0.236 at $1.75
* 0.382 at $1.50
* 0.5 at $1.32
- Projection shows potential reversal
Trade Setup:
- Entry zone: $0.55-0.60
- Primary target: $1.32 (0.5 Fib)
- Secondary target: $1.50 (0.382 Fib)
- Stop loss: Below $0.48
- R:R = 1:3
Key Points:
- Channel breakdown complete
- Accumulation signals appearing
- Volume pickup needed for confirmation
DYOR - Not financial advice. High-risk altcoin - trade with caution and proper position sizing.
Note
keep holding its market manipulation right now
you can changed stop lose to 0.38
see this
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.